Strategy, the largest publicly traded bitcoin holder, has maintained its 11.5% dividend rate on its perpetual preferred stock, STRC, for the third month in a row. The April volume-weighted average price of $99.76 was close enough to the $100 par value to keep the rate unchanged. Since its listing in July 2025 with a 9% dividend, STRC has seen several increases as the company aims to reduce volatility and keep the price near its $100 par value.
STRC is marketed as a short-term, high-yield savings alternative with monthly cash distributions. Currently trading at $99.75, STRC has been below par since April 15, but a return to $100 is expected soon based on historical patterns. Meanwhile, MSTR common stock has shown signs of recovery, closing April at $165, a 33% increase and its first positive month in nine. After eight consecutive losing months, the stock fell 75% from August 2025 to March 2026, according to TradingView data.
Bitcoin also saw a 12% increase in April, its best monthly performance since April 2025. Additionally, Strategy is considering switching to semi-monthly dividend payments for STRC to further reduce volatility.